Coinbase launched a new initiative with Bitget Wallet and Alchemy Pay. This partnership offers a zero-fee on-ramp for the USDC stablecoin across key emerging markets, specifically targeting Asia Pacific, Latin America, and Africa.
The service allows users to purchase USDC using local payment methods. These methods include Apple Pay, Google Pay, and standard bank transfers. Users incur no transaction or network fees when utilizing the service.
This move supports Coinbase’s broader strategy to expand global access to the crypto economy. The company aims to increase stablecoin utility and accelerate user adoption in historically underserved regions by removing entry barriers. The initiative aligns with Coinbase's long-term vision of becoming a comprehensive financial platform.